XML 26 R15.htm IDEA: XBRL DOCUMENT v3.21.1
Segment Reporting (Notes)
 3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Reporting Disclosure
ASGN provides professional staffing and IT consulting services in the technology, digital, creative, engineering and life sciences fields across commercial and government sectors. ASGN operates through its Commercial and Federal Government businesses. The Commercial business is comprised of the Apex and Oxford segments, and the Federal Government business is the ECS segment. Approximately 95 percent of the Company's revenues are generated in the United States.

The Apex segment provides technology, digital, creative, scientific, engineering staffing and consulting services to Fortune 1000 and mid-market clients across the United States and Canada. The Oxford segment provides hard-to-find technology, digital, engineering and life sciences staffing and consulting services in select skill and geographic markets in the United States and Europe. The ECS segment delivers advanced solutions in cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, science and engineering to U.S. defense, intelligence and federal civilian agencies. Management evaluates the performance of each segment primarily based on revenues, gross profit and operating income, which is derived directly from internal financial reporting of the segments used for corporate management purposes, which is presented below by segment (in millions):
Three Months Ended
March 31,
20212020
Apex
Revenues$630.4 $629.1 
Gross profit182.0 184.5 
Operating income68.5 67.1 
Amortization5.7 5.3 
Oxford
Revenues$137.5 $148.7 
Gross profit54.0 59.3 
Operating income11.3 11.1 
Amortization0.1 0.2 
ECS
Revenues$257.8 $212.7 
Gross profit45.0 37.1 
Operating income14.8 11.3 
Amortization6.4 6.6 
Consolidated
Revenues$1,025.7 $990.5 
Gross profit281.0 280.9 
Operating income(1)
74.8 70.9 
Amortization12.2 12.1 
___________________

(1)Consolidated operating income includes corporate operating expenses, which are not allocated to the segments, consisting of consolidated stock-based compensation expense, compensation for corporate employees, acquisition, integration and strategic planning expenses, public company expenses and depreciation expense for corporate assets.
The Company has three major revenue sources: (i) Assignment, (ii) Consulting and (iii) Federal Government. Permanent placement revenues for full year 2020 were approximately 2.6 percent of total revenues and are no longer significant to our consolidated results for disclosure purposes. Consequently, we no longer present these revenues separately in our financial statements and instead they are included in assignment revenues. For comparability, all prior periods have been recast for this change in presentation. The following table presents disaggregated revenues by type (in millions):
Three Months Ended
March 31,
20212020
Apex
Assignment$512.8 $539.5 
Consulting117.6 89.6 
630.4 629.1 
Oxford
Assignment117.4 135.5 
Consulting20.1 13.2 
137.5 148.7 
ECS
Firm-fixed-price60.5 57.0 
Time and materials90.7 72.4 
Cost reimbursable106.6 83.3 
257.8 212.7 
Consolidated$1,025.7 $990.5 

The following table presents the ECS Segment (federal government business) revenues by customer type (in millions):
Three Months Ended
March 31,
20212020
Department of Defense and Intelligence Agencies$143.3 $114.9 
Federal Civilian92.5 84.6 
Other22.0 13.2 
$257.8 $212.7